Banking & Finance

BMO Financial Group posts strong quarter

BMO Financial Group reported second quarter net income of $1.03 billion (Canadian), up 27 percent or $215 million from the same quarter a year ago.

CIB Marine to deregister common stock

Waukesha-based CIB Marine Bancshares Inc., the holding company for Milwaukee’s Marine Bank, has filed with the Securities and Exchange Commission to voluntarily deregister its common shares.

U.S. Bank launches tablet banking app

Brookfield-based Fiserv Inc., a leading global provider of financial services technology solutions, today announced that U.S. Bank's online banking customers now have access to an iPad banking application (app) built on the Mobiliti Enterprise mobile banking and payments platform from Fiserv.

Generac adjusts recapitalization plan

Waukesha-based Generac Holdings Inc., a designer and manufacturer of generators and other engine-powered products, announced today it is adjusting its previously disclosed recapitalization plan in light of recent financing market conditions.

Associated Bank receives Ag honor

The U.S. Department of Agriculture has awarded Associated Bank a Certificate of Achievement for assisting the department and the Rural Development Guaranteed Rural Housing Program in 2011.

PS Capital moves

PS Capital Partners LLC has moved its offices to 758 N. Broadway, Suite 910, Milwaukee.
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Waterstone holds processor conference

Pewaukee-based Waterstone Mortgage Corp. hosted its first-ever national mortgage processors conference from May 6 to 8 at the Milwaukee Hilton.

Thrivent to host meeting at Miller Park

Thrivent Financial for Lutherans will hold its annual member meeting at Miller Park on Tuesday, May 29 from 4:30 to 8:30 p.m.

Associated Banc-Corp adds Yee to executive suite

Associated Banc-Corp announced the appointment of James Yee to the role of executive vice president, chief information and operations officer.

Profits dip at Brady Corp.

Milwaukee-based Brady Corp. reported fiscal third quarter net income of $27.7 million, or 52 cents per share, down from $28.6 million, or 54 cents per share, in the same period a year ago.

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